Phil Knight

By: Cory Bittner

About Phil Knight

- Phil Hampson "Phil" Knight

- Born February 24, 1938 in Portland, Oregon

- Owner of the name brand company Nike

- 60th richest man in the world according to the Forbes list

- Worth $12.7 billion

- Turned an idea on a college essay into a $15 billion company worldwide

- Owner of the Oregon Ducks

- Has his own Cancer foundation ( The Knight Cancer Challenge)

Career

Phil Knight was the son of a lawyer. He attended high school at Cleveland High. Then moved onto the University of Oregon. In 1959 he graduated from college and enrolled into the Graduate School of Business at Standford University. He obtained a bachelor in accounting in 1959. In 1962 he received a MBA from Stanford University. In 1964 he began by selling sneakers in partnership with Japanese brand Asics, and then creates Blue Ribbon Sports with his coach Bill Bowerman. In 1971, Phil Knight created the name Nike, which symbolizes victory. The same year, a graphic art student, Carolyn Davidson designed the logo of Nike for $35. Today Nike Inc. is worth $15 billion.

The Knight Cancer Challenge

This foundation is a two-year fundraising campaign to raise money for resources for cancer research aimed at saving lives by developing better technologies and tests to detect cancer early, when it is most treatable. If OHSU can raise $500 million for cancer care and research by Dec. 31, 2015, the Knights will contribute an additional $500 million toward research to advance early cancer detection at OHSU’s Knight Cancer Institute. Knight has already granted $1 million to the research and is still giving.

Their Sponsors

They have tons of sponsors, but some great ones are Michael Jordan, Carmelo Anthony, Ray Allen, Chris Paul, Derek Jeter, Alex Rodriguez. They also Sponsor all the American Football teams. Every Basketball team.

Sales/Revenue

2009-19.08B

2010-18.96B

2011-20.89B

2012-24.12B

2013-25.33B

Net Income

2009-1.49B

2010-1.91B

2011-2.13B

2012-2.22B

2013-2.46B

Nike Partners